HomeMy WebLinkAboutResolution 954 A Resoimam
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WHEREAS, Cause No. 17-70577-81 , styled American State
Bank; et al v. City of Fort Worth, Texas; et al , is now pending
in the 17th District Court of Tarrant County, Texas; and
WHEREAS, said suit relates to the taxation of bank shares
by the City of Fort Worth; and
WHEREAS, the plaintiffs in said suit and the City of Fort
Worth have agreed to settle their dispute concerning such taxes;
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF FORT WORTH, TEXAS:
That the City Manager and the City Attorney of the City
of Fort Worth be and are hereby authorized to execute and
approve the attached settlement agreement on behalf of the
City of Fort Worth, which agreement pertains to 1981 , 1982,
1983 and 1984 ad valorem taxes of the City of Fort Worth on
bank shares; and that the attached agreement is hereby incor-
porated herein and made a part hereof for all purposes.
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